FACTON(R) Announces New Member of its Executive Team

AUBURN HILLS, Mich., April 16 /PRNewswire/ -- FACTON(R), Inc., a world leading product lifecycle costing solutions provider announced that they have hired Thomas Salva as their Vice President of Sales in order to further expand and support activities at its North American headquarters in Auburn Hills, MI.

FACTON North America CEO and co-founder, Martin Nehls indicated that "Thomas Salva's key objectives are growth of the North American customer base and to exceed our sales objectives. Salva will also be responsible for expanding the direct sales and partner channels in line with sales goals."

Among the global companies that have already taken advantage of FACTON's solutions are: Bentley Motors, HAUTAU, Behr, Mahle, Siemens, Magna Powertrain, Intier Automotive, Airbus and Brose.

Salva worked the last 16 years at T-Systems North America as Vice President of Aerospace Accounts, DCX Service Management and PLM Consulting where he was responsible for aerospace customers from coast to coast, contract management for Daimler family customers and PLM consulting services for the automotive and aerospace industries. He holds a Bachelor of Science degree from Southern Illinois University -- European Division in Frankfurt, Germany.

"Tom will play an integral role as FACTON continues to develop our presence with the Automotive, Aerospace, Manufacturing Equipment, Medical Products and Consumer Goods markets in North America," Nehls declared. "FACTON has proven success helping customers reduce product cost by as much as 8% and cutting time to market by up to 30%. Tom will insure that customers recognize that FACTON can optimize production costs through all product stages in manufacturing organizations by managing transparency in their product costs."

With committed employees in consulting, development and support, FACTON and its partners provide industrial expertise to allow strategic decision making by customers. The database-based software solution is built on the Microsoft .NET Framework (FACTON is a Microsoft Certified Partner) and interfaces with existing systems, including enterprise resource planning (ERP) and product data management (PDM), as well as product lifecycle management (PLM) and computer-aided design (CAD) software.

About FACTON(R)

FACTON(R) Inc., headquartered in Auburn Hills, Mich., is the North American operations of FACTON which was founded in Dresden, Germany in 1998. Today, the company also has locations in Potsdam and Hamburg, Germany and Barcelona, Spain. The company currently has 70 employees in the U.S., Germany and Spain, and 475 professionals in partner organizations covering engineering, finance and information technologies. FACTON was founded by brothers Martin and Thoralf Nehls, who combine financial and engineering background and experience into practical lifecycle costing software solutions.

    For more information, contact:
    America
    FACTON Inc.
    Raymond D. Wagner
    (248)-364-0000
    ray.wagner@facton.com

    Europe
    FACTON GmbH
    Katrin Becker
    +49 331 97992-400
    presse@facton.com